as gas is still being touted as a ‘transition fuel’. This is pure fabrication – gas is the main driver of emissions growth in 2024.

Conceivably, flexible production from gas could be used for the transition. I suppose, the people who started this idea, started out from the point that "flexible production using fossil gas (among other things) could help the transition" whereas the executives they talked to understood "gas is the transition".

Extraction limits are the only thing that will limit anthropogenic emissions, and soon. Unfortunately, Earth system own dynamics begins to dominate greenhouse emissions, so that's not going to change things.